HDFC Standard Life Insurance company Limited which is tapping the capital markets with its offer for sale of 29,98,27,818 equity shares in a price band of Rs 275-290 completed allocation to anchor investors. The company allocated 8,00,68,600 equity shares to 89 anchor investors comprising of 126 entities.
The list includes who’s who and is exhaustive in nature. It does indicate that the demand what huge for allocation. It could also be assumed that there should be spill over of the same into the QIB book as well.
The highest allocation was made to UC-RNT fund which was allotted 32,75,850 or 4.0915 of the anchor allocation.
The issue has opened and would close on Thursday the 9th of November. The full list of anchor investors is given below:-
